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Sri Lanka Port City Browns Unit gets 25-year tax holiday for financial centre

Sri Lanka Port City Browns Unit gets 25-year tax holiday for financial centre

ECONOMYNEXT – Sri Lanka has given a 25-year tax holiday, and the next 10 years at half the rate, to Ceylon Real Estate Holdings (Private) Limited, which will develop a mixed use plot in the Colombo Port City. Ceylon Real Estate Holdings is a...

Sri Lanka Port City tower with clock to ‘rival Big Ben’ gets tax holiday

Sri Lanka Port City tower with clock to ‘rival Big Ben’ gets tax holiday

ECONOMYNEXT – Sri Lanka has given a 25-year tax holiday, and the next 10 years at half the rate, to Ceylon Real Estate Holdings (Private) Limited, which will develop a mixed use plot in the Colombo Port City. Ceylon Real Estate Holdings is a...

What connects Raja Raja Chola, Ramana Maharshi, and Hindu temples of North America

What connects Raja Raja Chola, Ramana Maharshi, and Hindu temples of North America

The summer of 1025 was, in many ways, the high–water mark of the Chola Empire, when Emperor Rajendra Chola led an audacious and successful naval invasion of the Srivijaya empire in modern-day Indonesia in response to its interference in trade and...

Sri Lanka got UK advisors and went down like Britain before Keith Joseph, Thatcher: Ranil

Sri Lanka got UK advisors and went down like Britain before Keith Joseph, Thatcher: Ranil

ECONOMYNEXT – Sri Lanka has listened to British advisors after independence and gone down the same path of decline of the UK that was eventually halted by Keith Joseph and Margarat Thatcher, ex-President Ranil Wickremesinghe said. “One this that...

Sri Lanka rupee steady against dollar, bonds flat

Sri Lanka rupee steady against dollar, bonds flat

ECONOMYNEXT – Sri Lanka has listened to British advisors after independence and gone down the same path of decline of the UK that was eventually halted by Keith Joseph and Margarat Thatcher, ex-President Ranil Wickremesinghe said. “One this that...

Sri Lanka Port City ICC unit gets 25-year tax holiday for Rs13.8bn residential towers

Sri Lanka Port City ICC unit gets 25-year tax holiday for Rs13.8bn residential towers

ECONOMYNEXT – ICC Port City (Private) Limited, which will build two high-end residential towers and luxury villas in the Colombo Port City, has been given a 25-year tax holiday and half the rate for the next 10 years. ICC Port City, which is...

Trinasolar Collaborates with Solaris Energy to Deliver 25 MWp of Utility-Scale Solar Across Sri Lanka

Trinasolar Collaborates with Solaris Energy to Deliver 25 MWp of Utility-Scale Solar Across Sri Lanka

Trinasolar has signed a Memorandum of Understanding (MOU) with Solaris Energy, a solar distributor in Sri Lanka, to collaborate on the supply and deployment of 25 MWp of solar modules across the country. Under the MoU, Solaris Energy will nominate...

Meet six Fulbright grant recipients from Penn hoping to ‘explore the world’ through research

Meet six Fulbright grant recipients from Penn hoping to ‘explore the world’ through research

Nineteen Penn students and alumni have received Fulbright grants for the 2025-26 academic year. Nineteen Penn students and alumni have received grants from the Fulbright United States Student Program for the 2025-26 academic year to pursue...

The Fourth Convocation of the Sri Sathya Sai University for Human Excellence: A Confluence of Arts, Sports, Science, Technology, Education and Healthcare

The Fourth Convocation of the Sri Sathya Sai University for Human Excellence: A Confluence of Arts, Sports, Science, Technology, Education and Healthcare

(MENAFN- Life and Style News) . Celebrating Global Harmony – vasudhaiva kuṭumbakam (One World One Family) The Sri Sathya Sai University for Human Excellence celebrated its fourth convocation in the esteemed presence of the Guest of Honour, Padma...

Surge in cybercrime shadows SL’s tech leap

Surge in cybercrime shadows SL’s tech leap

As Sri Lanka advances its digital transformation agenda, the nation is confronting a rapidly escalating wave of cyber threats, said a release. The latest cybersecurity data from Kaspersky reveals a concerning surge in malware infections and...

Sri Lanka Revives Digital Driving Licence Initiative with Global Recognition in Sight

Sri Lanka Revives Digital Driving Licence Initiative with Global Recognition in Sight

By: Staff Writer July 20, Colombo (LNW): Sri Lanka’s long-standing efforts to digitise its driving licence system have gained renewed momentum, as the Department of Motor Traffic (DMT) takes concrete steps to launch a new internationally...

Baurs Healthcare celebrates 80 years of excellence in bringing world-class healthcare to Sri Lanka

Baurs Healthcare celebrates 80 years of excellence in bringing world-class healthcare to Sri Lanka

Baurs Healthcare, the healthcare division of A. Baur & Co. Ltd., widely known as Baurs, a leading conglomerate with diversified business interests in Sri Lanka and a pioneer and innovator in various industry verticals, proudly celebrates its 80th...

Sri Lanka tea traders ask govt to act against low-quality producers

Sri Lanka tea traders ask govt to act against low-quality producers

ECONOMYNEXT – Sri Lanka is planning to charge 18 percent value added tax on Paypal, which is considered a financial service and also Stripe, at a time when smaller taxes on credit cards have fallen foul with the International Monetary Fund, under...

Sri Lanka to charge VAT on Paypal, Stripe, amid existing IMF MCPs

Sri Lanka to charge VAT on Paypal, Stripe, amid existing IMF MCPs

ECONOMYNEXT – Sri Lanka is planning to charge 18 percent value added tax on Paypal, which is considered a financial service and also Stripe, at a time when smaller taxes on credit cards have fallen foul with the International Monetary Fund, under...

HNB Assurance and Flash Health join hands to redefine wellness for policyholders across Sri Lanka

HNB Assurance and Flash Health join hands to redefine wellness for policyholders across Sri Lanka

In a move towards reimagining the future of accessible, digital-first healthcare, HNB Assurance PLC and Flash Health entered a partnership to enhance the wellness experience for policyholders. This collaboration brings together the trust and...

Towards sustainable growth: Expanding Swiss-Sri Lanka economic cooperation

Towards sustainable growth: Expanding Swiss-Sri Lanka economic cooperation

Switzerland continues to be an important tourism source market for Sri Lanka Switzerland, one of the world’s most advanced economies and Sri Lanka, a South Asian nation with a strategic location, have maintained diplomatic relations since 1956....

For the time being, for all of us

For the time being, for all of us

As curator of the sixth Kochi-Muziris Biennale, Nikhil Chopra faces a formidable task: restoring the dynamism of the international art event, which had diminished post-Covid. He promises a ‘blood and bones, skin and flesh, mud and stick’...

Sri Lanka’s Smart Drain wins global praise – But can it clean up our cities?

Sri Lanka’s Smart Drain wins global praise – But can it clean up our cities?

140 The world recently turned its attention to a ground-breaking innovation hailing from our very own shores. Dr. Nadeesha Chandrasena, a brilliant Sri Lankan, and her team, “Urban Inventors,” clinched a prestigious global award for their...

As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research

As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research

With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not be so reliant on tourism in the future, as it...

Sri Lanka rupee weakens against dollar, bonds flat

Sri Lanka rupee weakens against dollar, bonds flat

ECONOMYNEXT – The United State embassy in Sri Lanka has trained the country’s drug control agency and also given equipment to analyze synthetic drugs and psychoactive substances, particularly fentanyl which are spreading in many countries. After...

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